23 Newton RoadNewton SA 5074
Property Details for 23 Newton Rd, Newton
23 Newton Rd, Newton is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 665m2. While the property is not currently for sale or for rent, it was last sold in June 2018.
Last Listing description (June 2018)
On offering we have a highly desirable property in the heart of Newton, sitting on 674sqm of land approx. This 1960's property features 3 large bedrooms, 1 bathroom, an open plan kitchen and dining, with 2 separate and very spacious family/ lounge areas. A secured carport with ample space for parking and a large undercover outdoor area for convenience and comfort. As well as a separately built tradies shed for extra storage.
Situated in the Regeneration policy area, providing you with the opportunity to not only renovate this solid brick home but also the opportunity to subdivide (STCC) and build a portfolio of properties on this high density urban development block.
With this property located only a short stroll from public transport, amenities and only approx 9km away from the Adelaide CBD this home is sure to interest a vast array of purchasers. With an average rental return of $370pw in the Newton area for a 3 bedroom home. This property has all the characteristics for virtually boundless opportunity.
Property History for 23 Newton Rd, Newton, SA 5074
- 14 Jun 2018Sold for $480,000
- 26 Mar 2018Listed for Sale Under Contract
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About Newton 5074
The size of Newton is approximately 2.2 square kilometres. It has 13 parks covering nearly 6.6% of total area. The population of Newton in 2011 was 4,665 people. By 2016 the population was 4,786 showing a population growth of 2.6% in the area during that time. The predominant age group in Newton is 40-49 years. Households in Newton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newton work in a professional occupation. In 2011, 71.4% of the homes in Newton were owner-occupied compared with 70.6% in 2016.
Newton has 2,694 properties. Over the last 5 years, Houses in Newton have seen a 83.68% increase in median value, while Units have seen a 78.43% increase. As at 31 October 2024:
- The median value for Houses in Newton is $948,164 while the median value for Units is $582,548.
- Houses have a median rent of $610 while Units have a median rent of $590.
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